Brazilian YouTuber Launches Meme Token in wake of $100m $MOTHER Token
Sao Paulo,, Brazil, November 7th, 2024, Chainwire
With 33 million subscribers on YouTube and a big total following across social media, Rezende Evil is stepping into the celebrity meme token scene. Rezende Evil is preparing to introduce a token of their own, joining a growing list of big names.
In May, Iggy Azalea launched her token, $MOTHER, which has since reached a market cap of $136 million. As one of the best-performing debut tokens of recent times, $MOTHER has demonstrated the potential for Web2 influencers to succeed in the token space, leveraging both the loyalty of their audiences and the inherently shareable, meme-worthy nature of their brands.
Rezende Evil’s forthcoming token, to be launched on the Solana blockchain, follows a fair launch format popularized within the meme token space. By adopting this approach, Rezende Evil aims to leverage their community’s loyalty and engagement, positioning $RZNDE as a new addition to the celebrity meme token scene. The initial market cap of $RZNDE is expected to be $25,000.
Comparison Graphic released by Rezende Evil’s Social Media Team.
An increasing number of celebrities are capitalizing on the celeb token and meme trend, achieving success as they tap into the momentum of the broader meme token popularity. With loyal communities and strong brands, celebrities have a potential foundation for their tokens to succeed. XCAD, which is the project powering this launch, enhances this trend by adding deeper meaning and utility, enabling fans to engage in token-based transactions that unlock potential experience-based benefits, bridging the Creator and fan relationship in new ways.
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